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wholesale DEAL

Hope Haynes

HRS Property Group in Rural Hall, NC
Hope Haynes with Tim Haynes

After deciding to intensify our Direct Mail campaign in October of 2017 we received a lead from a property with a 3/2 double wide trailer and a 1/1 cinder block house on one deed. The two properties were on a half acre lot but both very distressed. The owner lived in Virginia. We mailed to Out of State Absentee Owners on this particular campaign. The owners step daughter in law sadly overdosed in the mobile home and the family desperately wanted to sell the property. The owner stated he had received many letters but I was the only one who was consistent with communication.rnAfter patiently waiting to purchase the property, we finally were able to close March 5th. In the beginning, our exit strategy was to purchase this property as a buy and hold but after getting so many properties under contract we decided to start marketing to wholesale it right after closing. In just 3 weeks, we Sold the property to a buyer who purchased it to fix it up and live in it.

Wholesale Details

Property City:
Winston Salem
Property State:
NC
Purchase Price:
$23,500
Sale Price:
$38,000
* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in advanced FortuneBuilders’ training and coaching. The participants shown are not paid for their stories; however, some of the students depicted may also be a FortuneBuilders' coach, and our coaches are compensated for their services. We believe in full transparency, so please read our Earnings and Income Disclaimers and Terms of Use

Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

My husband and I are so thankful for the education that Fortune Builders has provided us with in order to know how to creatively market deals to make money.